BITSTAMP:BTCUSD   Bitcoin / Dollar
126 4 1
as we are in a rallie wich took out 845 wich was a capitulation point for the bears we are on our way to the psychological important 1000 mark...

a Bearish reaction @1000 could lead to a decline till 845 , however if we see bullish activity or a rejection at this level
we should judge that action as a sign of strenght.

a further decline could see a further reaction @740 any bullish signs here are also considered strong
a break of 740 however should be conisdered weak and a retest of the lows @540 is likely , or worse..

however a break of 1000 wich can be sustained or sees a retest should be considered strong and bullish and a retest of the ATHs will be the case.. if that ATH             breaks.. its TO DA MOON ;)

Trades can be found at 1000 / 845 / 740
So far, your prediction looks solid :) My guess is that we are going to break down and test the lower support level.
Invezted katakito
well , depends on the retest of the lows @845 / 800 , if that holds we might see a test of 1000 again ..if not then next stop is 740
we shall see
katakito Invezted
True. I'm watching the StochRSI 2h closely for a buying indicator.
katakito katakito
Sorry, 4h StochRSI that is ;)
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